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The University of Texas at San Antonio, One UTSA Circle, San Antonio, TX 78249 1/3/111 Financial Aid 101 for Student Teaching Office of Student Financial.

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Presentation on theme: "The University of Texas at San Antonio, One UTSA Circle, San Antonio, TX 78249 1/3/111 Financial Aid 101 for Student Teaching Office of Student Financial."— Presentation transcript:

1 The University of Texas at San Antonio, One UTSA Circle, San Antonio, TX 78249 1/3/111 Financial Aid 101 for Student Teaching Office of Student Financial Aid and Enrollment Services

2 The University of Texas at San Antonio, One UTSA Circle, San Antonio, TX 78249 1/3/112 State Requirements for Student Teaching 6 hours of credit for student teaching 6 hours = half-time enrollment status Half-time enrollment status=minimum for financial aid

3 The University of Texas at San Antonio, One UTSA Circle, San Antonio, TX 78249 1/3/113 Applying for Financial Aid Fill out the FAFSA every year January 1 st -March 15th www.fafsa.ed.gov State on FAFSA half- time enrollment If FAFSA is submitted with different status, come by office to fill out an Enrollment Change Form

4 The University of Texas at San Antonio, One UTSA Circle, San Antonio, TX 78249 1/3/114 Half-time enrollment results in loss of Texas Excellence Grant (TEXAS) Students are required to be enrolled in nine hours to continue receiving grant Other grants will be pro-rated and pay out at half the total amount If enrolled ¾ time (9-11 hours) grants will prorate to 75% of total amount Grants

5 The University of Texas at San Antonio, One UTSA Circle, San Antonio, TX 78249 1/3/115 Scholarships Letter from Academic Advisor detailing Student Teaching requirements Turn in letters to awarding source -General Scholarships-Office of Student Financial Aid and Enrollment Services -College or Department -Outside Donors You’ll Need Most are understanding about half-time status Donors choose to pay out full or pro-rated the award Donors

6 The University of Texas at San Antonio, One UTSA Circle, San Antonio, TX 78249 1/3/116  Loans must be pro-rated at 25% of the annual award  6 hours divided by 24 hours = 25%  24 hours = full-time academic load based on annual Cost of Attendance  Education Loan Forgiveness Program  Read the Education Loan Forgiveness Program fact sheet distributed by the Office of Student Teaching  Submit application to Janet Scott ASAP Loans

7 The University of Texas at San Antonio, One UTSA Circle, San Antonio, TX 78249 1/3/117 Responsible Borrowing Reduce Amount Borrowed Exhaust Federal Aid First Borrow Only What You Need Loan Portfolio

8 The University of Texas at San Antonio, One UTSA Circle, San Antonio, TX 78249 1/3/118  If you decide not to work while Student Teaching, fill out the Loss of Income Form  Financial Aid will compare income from last year with the current aid year Loss of Income

9 The University of Texas at San Antonio, One UTSA Circle, San Antonio, TX 78249 1/3/119 GPA Maintain a 2.0 cumulative GPA Course Completion 67% completion rate of attempted hours Maximum hours Maximum hours attempted must not exceed 150% of attempted hours 120 hours x 1.5 = 180! Satisfactory Academic Progress

10 The University of Texas at San Antonio, One UTSA Circle, San Antonio, TX 78249 1/3/1110 The University of Texas at San Antonio Office of Student Financial Aid and Enrollment Services One UTSA Circle San Antonio, TX 78249 (210) 458-8000 1-800-669-0919 financialaid@utsa.edu www.utsa.edu/financialaid Contact Us!


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